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By Patricia Jones
Petroleum News Contributing Writer 

Mining industry tops $1 billion - again

State releases Alaska Mineral Industry Report; commodity prices and exploration increase 10% compared to 2001 levels

 

Last updated 11/16/2003 at Noon



Alaska's mineral industry contributed an estimated $1.073 billion to Alaska's economy in 2002, a slight increase compared to the prior year, according to the Alaska Mineral Industry report released Nov. 6.

A 10 percent increase in both exploration spending and in the total value of minerals mined and sold in 2002 helped offset a $47 million decline in development spending by the mining industr...



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